YEARLY HIGH
0.0363 ANG
YEARLY LOW
0.0325 ANG
YEARLY AVERAGE
0.0345 ANG

2018 MKD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0363. Conversely, the yearly low was recorded on November 12, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0038 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0328, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0363 was up 3.92% compared to the 2017 peak of 0.0349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 181 ANG
2017 Average 163 ANG
Yearly Trough Low 162 ANG
Transaction Impact: A difference of 18.83 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0361
0.0325
JanuMarcMayJulySeptNove

MKD to ANG Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0352, compared to 0.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0352
H2 Avg (Jul–Dec) 0.0338

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0018 ANG (High: 0.0353 / Low: 0.0335). On the other end, March was the most stable month, with a tight range of 0.0006 ANG (High: 0.0361 / Low: 0.0355).

September Spread (Volatile) ±0.0018
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0358) against the same month in 2017 (average: 0.0308), the exchange rate shifted by +0.0050 (+16.20%).

2018 Avg (February) 0.0358
2017 Avg (February) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0360 0.0346 0.0354
February 0.0363 0.0353 0.0358
March 0.0361 0.0355 0.0357
April 0.0359 0.0350 0.0356
May 0.0351 0.0337 0.0344
June 0.0347 0.0340 0.0343
July 0.0353 0.0344 0.0349
August 0.0352 0.0340 0.0346
September 0.0353 0.0335 0.0347
October 0.0335 0.0326 0.0331
November 0.0331 0.0325 0.0328
December 0.0331 0.0325 0.0328